calculate the funded ratio for each of the city of Tallahassees pension plans. Then, comment on the funded status of each plan based on the text discussion of rule of thumb data and studies of the general funded level of pension plans

E11-29. (Calculate pension funded ratio) The city of Tallahassee maintains pension trust funds for general employees, police officers, and fire- fighters. A note to Tallahassee's financial statements shows the following regarding each fund (in thou- sands of dollars): Plan fiduciary net position.. Total pension liability General Police Fire $1,145,742 $342,855 $217,525 $1,297,843) $403,459 $286,119 LO 5 MBC